General Growth Gets Extension as Team of Suitors Continues to Grow

Published Thursday, March 04, 2010

After a hotly contested hearing at the U.S. Bankruptcy Court in New York, Judge Allan Gropper granted Chicago-based REIT General Growth Properties a four-month extension on its exclusivity period to file a reorganization plan, with the right to request another extension if needed. In handing out his decision, Gropper cited the need for the REIT to create the highest value for all stakeholders—including both shareholders and unsecured creditors—and expressed his belief that the debtor would be the only party to keep everyone’s interest in mind as it proceeds with the reorganization. The extension to July 15 fell short ...

To continue reading this article, please register or login – it’s quick and free…

Member Login

Email Address:

Password:

Remember me

Forgot password? Need Help?

Enter your email address below, and we'll email your password.

Email:

Are cookies enabled in your browser?

This site uses cookies and session data to keep track of your name and preferences while you're logged in. You cannot login without enabling cookies.

One Step Registration

Fill out the form below for instant access to the page you’ve requested.

Website members also receive access to our entire archive and may apply for a complimentary subscription to our print magazine.

All fields are required Personal Info

Email Address Required Must be a valid email

Password Required Passwords must match

Confirm Password Required

First Name Required

Last Name Required

Company Name Required

Job Title Required

Zip/Postal Code Required

Country Required

Retail Traffice Online Enewsletter

Yes! I wish to receive Retail Traffice Online Enewsletter for FREE
* Free to qualified subscribers only.
No thanks

Remember me

Submit the form for instant access to the page you've requested.

Traffic Court Blog

This Week's Most Popular

Resources

Blogs

Here's where we will have a new, frequent conversation with our readers alerting you to the interesting (and sometimes oddball) things we see every day as we scan the horizon of the retail real estate business

Blog Home

Retail Architecture Review 2009

Retail Architecture Review 2009: Welcome to the third edition of Retail Traffic�s Retail Architecture Review. This supplement includes our 20th Superior Achievement in Design and Imaging Awards and our annual Leaders in Retail Architecture supplement.
View the full listing